Wall Street Trader schreef op 31 juli 2022 21:07:Esther could you give us an update please, on the discussions with AIP?
Yeah, unfortunately, I cannot comment. There’s nothing that I can say at this point.Okay, but that’s still ongoing, they haven’t closed at this point?
Nothing to comment, to be honest.Given the success you’ve had with the sale of the Mexican assets, should we expect other assets sales to be at similar multiples?
Yeah, I mean, we are as we communicated, the objective was to basically execute the portfolio strategy within two years.
So ’22 and ’23, I am really pleased with the speed with which we have executed the first step and we are progressing very well with the other files.
We have received non-binding offers for the different businesses and we are in the process of due diligence.
So I hope more to come in the next quarters, but things are progressing well and we will communicate as we make progress.
Now, regarding the multiples, it’s too early to say whether we will be able to execute at the levels within same multiples, but of course, our focus is to create value for the company. And we will make sure that that will be the case in each of the files.
As you have seen, we are delivering on our strategic priorities. I am really pleased with the Mexico deal and we will continue to advance the other files to refocus on Europe and North America.
I am confident that pricing will continue to grow and we will generate improving margins in H2.